I support a consumption based tax. Gross pay should be take home pay. Let the states and national government come up with the rates. Let’s say 5% state, 20% national.
The $400K figure is a lie...that for filing jointly...the real number is $200K...so if you are self-employed and run a pass through business...you'll be hit hard...a lot of small businesses here.
If anyone really believes that old fool, they have another thing coming. No tax increase if you make under $400K? Don't bet on it. When Idiot Joe raises taxes on all those wealthy entrepreneurs, they will simply pass that increase on to YOU the consumer in the form of higher prices.
The middle class and poor will end up shouldering most of the cost of Joe's tax plan, period.
These dumbass Moon Bats are as ignorant of Economics as they are of History, Climate Science, Biology, Ethics and the Constitution.
This clown Joe Dufus said he wouldn't raise taxes on anybody making less than $450K a year but yet he plans on raising the corporate tax.
Corporations don't really pay taxes. They just collect the revenue from the people that purchase their goods or services and pass it along to the government. Moon Bats aren't smart to figure out they are the ones being taxed.